BitShares Gets a Super HerosteemCreated with Sketch.

Wouldn't it be great if BitShares had a powerful champion like Ethereum has with Consensys or Linux has with Red Hat? Well soon it will! Cryptonomex may be about to gain new superpowers that will allow it to build BitShares into the powerhouse we alway knew it would be! Of course, Cryptonomex has been quietly working to promote BitShares since it released the code for the world's first decentralized exchange in 2014. But without new investor support there was only so much we could do.

Not any more.

While the industry is stampeding away from Initial Coin Offerings (ICOs) in a panic, Cryptonomex is preparing to charge headlong into the fray. Using new guidance from TXSRB and the Stokens Model, we think we may be able to freely seek investors and ultimately offer legal securities to everyone, including US citizens, on the BitShares blockchain in the next few months under the recent US Reg A+ Title IV Tier II, et. al. JOBS act and associated new crowdfunding laws.

Say that again with me now:"Reg A+ Title IV Tier II"

Kind of just rolls off the tongue, doesn't it?
...and don't make me mention "Reg B".

Stokens, Inc. and several others will be doing the same thing in parallel. This will set the new standard for high quality ICOs and put BitShares on the map for all the startups who are interested in doing ICOs "by the book".

...and we have an awesome new business model as a result.

The Case for Cryptonomex

Cryptonomex is well known as the developers of the technology that spawned BitShares, Steemit, Peerplays, Muse and now EOS. It is lesser known for its invention of the BitShares Exchange Network (Big BEN) two years ago - of which OpenLedger.info is the first and best known member. We believe conditions are now right to greatly increase adoption of Big BEN - which will now become a turn-key way for exchanges to migrate to safety and transparency demanded by the world.

Cryptonomex will be the provider of turn-key exchange upgrades that any exchange can adopt...allowing them to become compliant with global jurisdictions and the industries new Token Exchange Self-Regulating Body (TXSRB.org). Further, Cryptonomex will greatly expand its 4-year role which is similar to Red Hat for Linux and Consensys for Ethereum. Using its new funding to promote the ecosystem with far more power than it has had in the past.

BitShares will remain a fully autonomous Sovereign Software Company independent of Cryptonomex. But now there will be another way to get top quality development when shareholders can't agree to do it themselves with their own $100,000,000 development fund. Joint development proposals with matching funds from Cryptonomex and BitShares are another intriguing possibility to take BitShares to premium quality across the board. We'll also be building out a customer support division with thousands of operators standing by to provide uniform support for member exchanges.

Here are a few tantalizing possibilities for joint developments between Cryptonomex and BitShares...

Add other commodities market tokens

Add other smartcoin market tokens

Hardening physical security

BitShares in Space - mirror witness nodes on new satellite networks.

Full time operational support team

UI/UX Development for wallets

Free the Fast Bitcoins (FBTC) support

Reset bitGOLD and other swanned assets

Add forkless sharedrop support on UIA to other tokens

Add Remittio debit card support to wallets for offramp

Provide opt-in KYC/AML credentials for assets that need them.

Attracting high quality security tokens (stokens)

Market making capability to bring depth and liquidity

Improved stealth privacy support

Universal help desk - world class customer support

Marketing initiatives

Billion Hero Campaign acceleration

TXSRB representation

All this is possible because of the new TXSRB-approved Stokens Model for issuing fully legal securities on the BitShares blockchain. We'll talk about how that works in a series of upcoming posts. Suffice it to say that under the Stokens model, the US just became the best place to do quality ICOs with Americans given blessing to participate again, just like in the Free World.

For now, we'll just say that the current ICO crisis is making it possible to achieve what the BitShares community has been envisioning for a very long time!

Did I mention that this all starts This Summer!

The BitShares Exchange Network (Big BEN), Revisited

Here's how Big BEN was first described on June 15th, 2015 post on bitsharestalk.org.

Can someone explain to me what is Cryptonomex and how is it supposed to develop bitshares ? Does Cryptonomex own a large number of bts?
Does Cryptonomex have its own coin? Is it a private company like steemit inc.?

And why does bitshares need Cryptonomex? Why is it having trouble in developing itself?

Moreover, what is the billion hero campaign? Is it related to the hero coin? And what does it have to do with Cryptonomex?

I'm sure those are obvious questions for many of you. So, can someone please explain them to me?

Stan, your information is very useful. As of matter of fact, I think "useful" is not the correct word to thank you for your time, your knowledge and good intentions in all your projects. Receiving all this information from you, it is a previlege. I am promoting Hero, not because of the rewards, but because I want more people get to know Bitshares, one of the top 20 coins, that I am sure the same people will help you take to the top. Thank you for sharing your plans and progress, not everybody will do that. So, very very thankful. And let us know when you need people to help you.

Before you can understand ethereum, it helps to first understand the internet.

Today, our personal data, passwords and financial information are all largely stored on other people's computers – in clouds and servers owned by companies like Amazon, Facebook or Google. Even this CoinDesk article is stored on a server controlled by a company that charges to hold this data should it be called upon.

This setup has a number of conveniences, as these companies deploy teams of specialists to help store and secure this data, and remove the costs that come with hosting and uptime.

But with this convenience, there is also vulnerability. As we've learned, a hacker or a government can gain unwelcome access to your files without your knowledge, by influencing or attacking a third-party service – meaning they can steal, leak or change important information.

Brian Behlendorf, creator of the Apache Web Server, has gone so far as to label this centralized design the "original sin" of the Internet. Some like Behlendorf argue the Internet was always meant to be decentralized, and a splintered movement has sprung up around using new tools, including blockchain technology, to help achieve this goal.

Ethereum is one of the newest technologies to join this movement.

While bitcoin aims to disrupt PayPal and online banking, ethereum has the goal of using a blockchain to replace internet third parties — those that store data, transfer mortgages and keep track of complex financial instruments.

@stan,
Wow wow wow friend.. a big news is coming right! As I told you before I am ready for it! Last week PBOC drama helped me to collect more BTS and I am ready for it!
One day you might say, BTS was at $0.137702 (today coinmarketcap price) and now it up there...

Thanks for sharing such great news with us! Really appreciate your effort!

This is great news. Anything that creates the opportunity for legitimate ICOs to flourish while keeping scammy ones out, and that clears the floor for investors to participate legally and safely, is a huge win for the cryptocurrency community.

WOW! This is such a great news Sir @stan.. This could be a very helpful too and way for all steemit users. Your idea is great and mind opening! I hope this will be done as soon as possible.. This will result to many great possibilities and outcomes!!! Keep posting.. followed and upvoted!!! :)

Bitshare has a great potential, but little worried looking at it's track record that it went from 3 cents to 4th of a cent and recently from 46 cents to 10 cents in span of couple months. What would be the cause for this? Is it because of it's high Circulating Supply of 2,598,950,000 BTS? I saw some pump up and dropped right back to normal. I third of my Bitshares on it's rise and still holding the rest. I still have hope for Bitshares.

Nice article. Good to see I'm not the only one that is thinking about this. The biggest group of uneducated investors in mankind has to define the trustworthyness and price of a crypto. It's an interesting world we live in. I found this great website: https://www.coincheckup.com. They seem to give this complete indepth analysis of all cryptocoins. For example: https://www.coincheckup.com/coins/Bitshares#analysis For a complete Bitshares Investment research report.